5604 4 Avenue Edson, Alberta T7E 1L6

$875,000

For more information, please click the "More Information" button. Vendor financing available, additional fees may apply. Cash Presenting the Castle Motel Edson, a well-established, high-performing hospitality property now available for purchase. Located directly on Highway 16, a major route to Jasper National Park, this 16-room motel offers unbeatable visibility, excellent curb appeal, and consistent revenue.The motel features a variety of accommodation options including standard rooms, studio kitchenettes, and one-bedroom kitchenette suites, with half of the inventory comprising full kitchen units, ideal for extended stay guests. Its strategic location places it kitty-corner to Walmart, steps from popular eateries, and directly across from the upcoming Mr. Mikes restaurant franchise, further boosting visibility and guest traffic.Consistently popular with long-term guests, the Castle Motel offers ease of operations with minimal staffing needs, strong margins, and a reliable on-site manager available to continue operations if required.Recent upgrades have significantly enhanced the guest experience, leading to strong repeat business and glowing reviews. Currently operated remotely, the business generates $220,000 in annual revenue with an adjusted NOI of $110,000. A hands-on owner-operator living in the onsite 3-bedroom manager’s suite could have achieved $140,000+ savings on accommodation expenses.Now ranked 4+ stars online and a top 5 hotel amongst 16 properties in Edson, Castle Motel.Looking ahead, Edson is poised for growth. Two major projects — the $86 million Edson Leisure Centre (now underway) and the $2.8 billion ATCO Yellowhead Pipeline project (starting in early 2026) — are expected to significantly increase demand for local accommodations, providing strong upside potential for occupancy and revenue growth.Additional upside: There is room to add a 17th guest suite, with existing plumbing and washroom infrastructure already in place. Estimated completion cost is under $7,000.This is a turnkey, cash-flowing business with flexible management options. It currently requires just 6–8 hours of work per day, making it a fantastic investment for either remote operators or owner-occupiers. Full operational training will be provided by the current owner to ensure a smooth transition.Offered “as is” and priced to sell quickly, the Castle represents a rare opportunity to acquire a profitable, easy-to-run hospitality asset. The seller is motivated only by a move to a larger property acquisition.Proof of funds is required. Please do not approach staff regarding the sale (id:58588)

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https://www.realtor.ca/real-estate/28632436/5604-4-avenue-edson-edson